Mercantile (Ordinary Share) MRC

UK Growth

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Estimated NAV

2358.00

Share Price

2080.00

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Mercantile (Ordinary Share) Price 64.38%
Mercantile (Ordinary Share) NAV 61.06%
FTSE 250 ex Inv Trusts 47.47%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 2080.0 -11.8% 2358.00 2373.00
18 Oct
111% 2.25%

Discrete performance % over

Fund / BenchmarkNov '14
Oct '15
Nov '15
Oct '16
Nov '16
Oct '17
Mercantile (Ordinary Share) Price25.722.1328.02
Mercantile (Ordinary Share) NAV25.243.3824.39
FTSE 250 ex Inv Trusts19.078.0714.60

Discrete performance over

Discrete Performance

Top 10 Holdings

D S Smith PLC 2.69%
Bellway PLC 2.26%
Inchcape Plc 2.15%
Spirax-Sarco Engineering PLC 2.04%
Halma 2.04%
Just Eat 2.04%
Berkeley Group 1.93%
Intermediate Capital Group 1.93%
Bodycote International plc 1.93%
Auto Trader 1.72%

Sectors weighting

General Industrials 30.20%
Consumer Services 22.00%
Finance - General 20.70%
Consumer Goods 9.00%
Net Current Assets 6.90%
Technology 4.10%
Healthcare 2.90%
Materials 2.70%
Oil & Gas 0.80%
Utilities 0.50%
Telecommunications 0.20%

Regional weighting

UK 93.00%
Cash/Cash Equivalent 7.00%
  • Investment trust info:

  • Sector UK Growth
  • Launch Date 08 Dec 1884
  • Currency GBX
  • Domicile UK
  • Share Price 2080.00
  • Share Type Ordinary Share
  • TIDM MRC
  • ISIN GB0005794036
  • Shares Issued (M) 83
  • Market Capital (£M) 1725.80
  • Gross Assets (£M) 2164.46
  • Net Assets (£M) 1956.42
  • TER (%) 0.50
  • Historic Dividend Yield (%) 2.25
  • Last AGM 25 May 2017
  • Next AGM 25 May 2018
  • Last Annual Report Date 10 Apr 2017
  • Next due Report Date 31 Jan 2018
  • Next due Report Type A/R
  • Objective:

    To achieve long-term capital growth from a UK portfolio of medium and smaller companies with dividend at least in line with UK inflation.

  • Management Group(s):

  • J.P. Morgan Fleming Asset
  • JP Morgan Asset Management (UK) Ltd
  • JPMorgan Asset Management (UK) Ltd
  • JPMorgan Funds Limited
  • Managed by:

  • Anthony Lynch Start: 31 Dec 2009
  • Guy Anderson Start: 01 Aug 2012
  • Martin Hudson Start: 01 Jan 1994
  • Management Contract & Fees:

    Management agreement with JPMorgan Funds Limited terminable on 6 months' notice. The management fee is paid monthly in arrears and is equal to 0.475% p.a. of the Company's market capitalisation and it will further reduce to 0.45% with effect from 01-Feb-18.